NB Distressed Debt Investment Fund Ltd (NBDX) Ordinary Shares - Extended Life Shares

Sell:$0.45Buy:$0.55No change

Prices delayed by at least 15 minutes
Sell:$0.45
Buy:$0.55
Change:No change
Prices delayed by at least 15 minutes
Sell:$0.45
Buy:$0.55
Change:No change
Prices delayed by at least 15 minutes

Trust Information

About this company

NB Distressed Debt Investment Fund Limited is a Guernsey-based closed-end investment company. The Company's primary objective is to provide investors with attractive risk-adjusted returns through long-biased, opportunistic exposure to stressed, distressed and special situation credit-related investments while seeking to limit downside risk by, among other things, focusing on senior and senior secured debt with both collateral and structural protection. It invests in various sectors, including surface transport, oil and gas, containers and packaging, and financial intermediaries. It invests in various countries, including the United States, Brazil, Luxembourg and Spain. The Company is managed by Neuberger Berman Europe Limited. The Company’s alternative investment fund manager is Neuberger Berman Investment Advisers LLC.

Objective

To provide investors with attractive risk-adjusted returns through long-biased, opportunistic exposure to stressed, distressed and special situation credit-related investments while seeking to limit downside risk by, amongst other things, focusing on senior and senior secured debt with both collateral and structural protection.

Costs

  • Ongoing charge -
  • Annual management charge -
  • Performance feeNo

Fee structure

Manager is entitled to a management fee, which shall accrue daily, and be payable monthly in arrears, at a rate of 0.125% per month of the NAV

Value Assessment

  • Value Assessment review date-
  • Value Assessment next review date-
  • Is Assessment of Value required under COLL? -
  • Outcome of COLL Assessment of Value -
  • Outcome of PRIN Value Assessment or review -
  • Other review related to value and or charges -
  • Further information-
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Key facts

  • Currency
    USD
  • Benchmark
    No benchmark
  • Shares in issue
    15.38m
  • Gross gearing
    0.00%
  • EPIC
    NBDD
  • ISIN
    GG00BPNZ1C58
  • Domicile
    Guernsey
  • Exchange
    London Stock Exchange (LON)
  • Index

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.